Office Unit with River
8 Canton Street Van Buren, NY 13027
8 Canton Street, Van Buren, NY, 13027
$149,900
For Sale
$149,900
One office unit in a four-unit building with large parking and a view of the Seneca River.
Property Size1,271 SF
Price / SF$117.94
Days on Market93
Property Features for 8 Canton Street
General Information
- Standard status
- Active
- Size
- 1,271 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1987
Listing agency
Hunt Real Estate ERA
(315) 622-5757
Listed by
Susan DiVirgilio
(315) 622-5757
Source
Xome
Added: Apr 21 Updated: Jul 21 at 3:52AM Checked: Jul 21 at 3:52AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hunt Real Estate ERA
Investment Insights
Based on property information with market context.
This for-sale office unit is located within a four-unit commercial building that previously served as a surveyor’s place of business. The offering includes the unit at 8 Canton, while the property is otherwise configured as multiple office units.
The building is described as high visibility and offers a view of the Seneca River. It is directly across the street from Angry Smokehouse and includes a huge parking lot, supporting convenient on-site access.
For buyers seeking an affordable office option with parking capacity and a scenic river outlook, this unit provides a defined space within a small office building setting.
The building is described as high visibility and offers a view of the Seneca River. It is directly across the street from Angry Smokehouse and includes a huge parking lot, supporting convenient on-site access.
For buyers seeking an affordable office option with parking capacity and a scenic river outlook, this unit provides a defined space within a small office building setting.
Key Highlights
- One office unit in a four‑unit building with waterfront views of the Seneca River
- B1 zoned commercial office space with water access and river/stream access
- 20 on‑site parking spaces for tenants and visitors
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $20.6k | $16.20 |
| − Vacancy | −$2.7k | −$2.14 |
| EGI | $17.9k | $14.06 |
| − OpEx | −$4.5k | −$3.52 |
| NOI | $13.4k | $10.55 |
1,271 SF · lease $16.20/SF/yr · vacancy 13.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$191.5K
$167.6K – $223.4K
NOI $13,404 @ 7.0% cap · market cap 8.94%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$220.9K
$193.3K – $257.7K
NOI $15,462 @ 7.0% cap · market cap 10.31%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - One office unit in a four-unit building with large parking and a view of the Seneca River.
Where is this office units located?
The property is located at 8 Canton Street Van Buren, NY.
What is the asking price?
The asking price for this property is $149,900.
What are key features of this property?
This property features: One office unit in a four‑unit building with waterfront views of the Seneca River; B1 zoned commercial office space with water access and river/stream access; 20 on‑site parking spaces for tenants and visitors
